Beverly Hills Private Wealth LLC Takes Position in Vistra Corp. $VST

Key Points

• Beverly Hills Private Wealth LLC acquired 30,841 Vistra shares worth approximately $4.9 million in the second quarter. Institutional investors collectively own 90.88% of the company.
• Analysts remain broadly bullish, with Vistra holding a consensus “Buy” rating and an average price target of $228.56, despite some recent target reductions.
• Vistra shares opened at $148.33, while the company announced a quarterly dividend of $0.23 per share, representing a 0.6% annualized yield. Insiders have sold 41,588 shares worth about $6.7 million over the past 90 days.

Beverly Hills Private Wealth LLC acquired a new position in Vistra Corp. (NYSE:VST - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 30,841 shares of the company's stock, valued at approximately $4,892,000.

Other hedge funds have also bought and sold shares of the company. Empowered Funds LLC lifted its holdings in shares of Vistra by 24.1% during the 1st quarter. Empowered Funds LLC now owns 20,190 shares of the company's stock worth $2,371,000 after acquiring an additional 3,920 shares during the last quarter. Woodline Partners LP increased its stake in Vistra by 40.7% in the first quarter. Woodline Partners LP now owns 28,744 shares of the company's stock valued at $3,376,000 after acquiring an additional 8,312 shares during the last quarter. Focus Partners Wealth raised its position in Vistra by 37.3% during the first quarter. Focus Partners Wealth now owns 7,828 shares of the company's stock valued at $920,000 after purchasing an additional 2,125 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Vistra during the second quarter valued at about $269,000. Finally, Slocum Gordon & Co LLP lifted its stake in Vistra by 20.0% during the second quarter. Slocum Gordon & Co LLP now owns 1,200 shares of the company's stock worth $233,000 after purchasing an additional 200 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on VST shares. Morgan Stanley raised their price objective on Vistra from $208.00 to $212.00 and gave the company an "overweight" rating in a report on Tuesday, July 28th. Weiss Ratings lowered Vistra from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday. UBS Group reduced their price target on shares of Vistra from $233.00 to $227.00 and set a "buy" rating on the stock in a research report on Tuesday, July 28th. The Goldman Sachs Group set a $206.00 price target on shares of Vistra in a research note on Wednesday. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Vistra from $240.00 to $231.00 and set an "overweight" rating for the company in a report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Vistra presently has an average rating of "Buy" and a consensus price target of $228.56.

Vistra Trading Up 0.1%

Shares of VST stock opened at $148.33 on Monday. The business has a 50-day moving average of $154.14 and a 200 day moving average of $156.55. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.97 and a quick ratio of 0.87. Vistra Corp. has a 1-year low of $132.66 and a 1-year high of $219.82. The stock has a market capitalization of $49.79 billion, a PE ratio of 25.06 and a beta of 1.41.

Vistra Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Vistra's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, September 21st. Vistra's payout ratio is currently 15.54%.

Insider Activity

In related news, Director John R. Sult sold 6,500 shares of Vistra stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $170.00, for a total value of $1,105,000.00. Following the transaction, the director directly owned 70,714 shares of the company's stock, valued at $12,021,380. The trade was a 8.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul M. Barbas sold 244 shares of Vistra stock in a transaction on Monday, June 15th. The stock was sold at an average price of $153.00, for a total transaction of $37,332.00. Following the completion of the transaction, the director directly owned 53,006 shares in the company, valued at approximately $8,109,918. The trade was a 0.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 41,588 shares of company stock worth $6,739,227 over the last ninety days. Company insiders own 0.92% of the company's stock.

About Vistra

Vistra NYSE: VST is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company's operations span wholesale power production—through a diversified fleet of thermal and lower‑carbon generation assets—and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets.

Vistra's core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands.

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